Les grands patrons français gagnent moins que leurs homologues européens

This article highlights the results of a study from Tower Watson on the pay structure of executives at Top European listed companies. It is noted that French companies offer a balanced pay mix between short term variable compensation, annual fixed remuneration and long term incentive plans. The question raised is whether the introduction of the Say on Pay may change this split. Louis Barbier, Country Manager at Sodali, explains that any changes made to this repartition will have to be well explained by the Board of Directors and that in general shareholders will be expecting some more clarity on the objectives, targets and achievements in order to support a pay package.